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Search Results 0 to 49 of about 140 (some duplicates have been removed)
in 1986 but are staring us in the face today. first, a much larger and much more dangerous deficit and second, a dramatic increase been income and inequality. old-style tax reform could make both conditions worse. but don't dismiss the old framework lightly. credit for the 1986 reform law belongs to democrats like bill bradley in the senate. just as much as to president reagan. as a member of the house back then, i not only voted for it, but i whipped the votes to make sure it passed. i was on the committee set up by dan rostenkowski to get it done. the approach made a good deal of sense at the time. then, as now, the code was littered with egregious loopholes that needed to be reformed. recall the so-called passive law schools that were in place back then. they allowed wealthy taxpayers to gain the system. someone could invest in a bowling alley and then, if the bowling alley lost money, they could take a write off many times larger than their initial money incestment of their entire income tax liability. we need to get rid of such a gimmicky tax shelter. paring these loopholes al
clinton were turned into record deficits under george bush is because we put two wars and two tax cuts on a credit card. and now governor romney wants another $5 trillion in tax cuts that he can't pay for? not if i have anything to say about it. that's not going to happen. [applause] we are not going to let this country fall backward. not now. not with so much at stake. we've got to move forward. we need to invest in small business and manufacturers who create jobs here in the united states. we need to recruit 100,000 math and science teachers, train two million workers at community college, bring down the cost of college tuition. we need to -- [cheers and applause] we need to cut our oil imports in half. create thousands more jobs in clean energy. we need to use the savings from ending the wars in iraq and afghanistan to help pay down our deficit and put people back to work doing some nation building right here at home. that's the agenda we need. that's how you strengthen the middle class. that's how you keep moving forward. that's the choice in this election. and that's why i'm runni
on deficit reduction requiring the wealthy to pay more and more cutting in the federal government. >> you have 90 seconds. >> again, shame on you. you thought this campaign is going to be a coronation because you're a democrat and now you are in a serious race with a serious woman and you are desperate. therefore you raise these issues. my plan sites every word that i used from the brightest in the best to but my plan together. you would be better served to be putting a plan together. you need to be honest with the people of connecticut. you need to be honest about your special interest loans. to be honest about your attendance in washington. shame on you for taking this direction with this campaign. it is beneath you. and the people of connecticut deserve better. in my plan, i have referenced a tax cut for the middle class. my plan, if you take a look at it, absolutely keeps taxes the same across the board accept we're going to cut taxes for the middle class. my plan is the only one that has an actual middle-class tax cut. congressman murphy has voted to raise taxes on the middle class o
, the problem of running deficits and accumulating greater debt, that the country had a budget deficit, a trade deficit, a balance of payments deficit, and the fourth one you brought up was a leadership deficit. >> leadership is the greatest. >> can i ask you both, describe what is the problem with what appears to be in your mind a leadership deficit, that we're not getting the leadership on this key issue either from this president or past presidents, this congress or pass congresses/ what does it take to get elected officials to tackle at an issue, increasing their taxes? >> let's start with the families. they will get their attention. the voters have to understand all this, which they did not, and voters need to understand what we have to do to get all this corrected, and they do not. if we ever get that over to the voters, they will vote for the people who are geared up, ready, and know how to do it and are running on that basis, and then we can change this country forever and get us back to where we used to be when i was a boy in the depression. why schoolteachers and would have been docto
paying for governor romney opposed tax plan either means going up the deficit or raising taxes on middle-class family. one or the other. then last week mitt romney actually said there's no economist who can say mitt romney's tax plan is $5 trillion. he says that if he says it's not true then it's not true. ok. [applause] it's true then it will not add to the deficit, that leaves one option, asking middle-class families to get rid of the deduction they get for having a home or raising their kids or sending them to college. most folks don't like that idea either. just last week when we were on stage together governor romney decided that instead of changing his plan he would just pretended did not exist. what $5 trillion tax cut? i don't know anything about a $5 trillion tax cut? when he is asked how he will cut the deficit, he says economic the mathematics work by eliminating public funding for pbs. this is not new. this is what he has been saying every time he is asked a question. he says we can cut out pbs. for all you moms and kids, don't worry, somebody finally has found out the big bi
means blowing up the deficit or raising taxes on middle-class families. one or the other. pick your poison. last week, mitt romney said, there is no addition to the deficit with my tax plan. if he says it is not true, then it is not true. ok. it is true that it is not going to add to the deficit, that leaves only one option. that is asking middle-class families to foot the bill by getting rid of the deductions for owning a home, raising kids, or sending them to college. as it turned out, most folks do not like that idea either. just last week, on stage, governor romney decided that instead of changing his plan, he would pretended did not exist. what $5 trillion tax cut? i do not know anything about that tax cut. pay no attention to the tax cut under the carpet, behind the curtain. when he was asked how he would cut the deficit, he said he could make the math work by eliminating local public funding for pbs. by the way, this is not new. this is what he has been saying every time he is asked a question. we can cut out pbs. for all you moms and kids out there, do not worry. somebody is
and managing deficits and on unleashing the forces of innovation. from everything i've seen the u.k.'s first coalition government since churchill is meeting these challenges head-on. in the face of the most challenging economic times we have experienced in decades this is a government that is clearly not afraid to leave. and in 2010 when david cameron went down the british economy and the entire european union was in dire straits. since then as we keep reading most national governments have tried to ride out the storm buy simply putting down the hatches and hoping that the sky is will return quickly. the governments have charted a new courses that will lead them to clear skies and i think the united kingdom has been an exception and the conservative party has been the reason. [applause] prime minister kim and together with his chancellor of george osborn are creating a new course for britain. it's not easy work, and i can appreciate how hard it is to step into a crisis and make the tough decisions to overcome. i first took office in the three months after the attack of my 11 -- 9/11. we lost
and that that, we can do that on a basis which won't increase the deficit. that was their position as i said for 99% -- >> but still his position -- >> hold on, joe, and you cannot do that as a mathematical matter without raising the tax burden on the middle class, it's not possible and all this debate about my studies and your studies is not possible, as bill clinton said at the democratic convention it's arithmetic. >> can we taxle the deficit without affecting the middle class? >> if i were vice president biden i'd put that back on the table and push it because it's too late to change your position 30 or 40 days before the election in a campaign that's gone, you know, for a year and a half. it's too late especially on an issue which you've been talking about every single day for those 18 months. it's too late. i'd take the view you can't change your position on something like that 30 days before the election, you can't change your position on repealing every fapset of obama ca facet of obama care or every facet of dodd-frank. we have a debate tonight, so to say nevermind, that doesn't wor
they need for the jobs they want. get the deficit and debt under control to prevent a debt crisis. make trade in america and sell things overseas and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney's a car guy. they keep misquoting hip. let me tell but the mitt romney i know. this is a guy who i was talking to a family in north borough, massachusetts, sherylin mark-nixon. their kids were hit in a car crash, four of them. two of them were paralyzed. the romneys didn't know them. they never met. mitt asked to come over for christmas. he brought his boys, his wife and gifts. later on, he said, i know you are struggling, mark, don't worry about their college, i will pay for it. when mark told me this story -- mitt romney doesn't tell these stories. the nixons told me this story. when he told me the story, it wasn't the cash help, it's that he gave his time and he has consistently. this is a man who gave 30% of his income to charity, more than the two of us combined. mitt romney's good man. he cares about
independent. help people who are hurting get the skills they need to get the jobs they want. get the deficit under control. make trade work for america, and champion small businesses. don't raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. let me tell you about the mitt romney i know. this is a guy who i was talking to a family in massachusetts the other day, cheryl and mark nixon. their kids were hit in a car crash, four of them two of them rob and reid were paralyzed them. the romneys didn't know them. he asked if he could come over at christmas. he brought his boys and gifts. he said i know you are struggling don't worry about their college, i'll pay for it. mitt romney doesn't tell these stories. when the nixons told this story it was that he gave his time. mitt romney is a good man. he cares about 100% of americans in this country. and with respect to the quote, i think the vice president very well knows that sometimes the words don't come out of your mouth the right way. [ laughter ] >> biden: but i alwa
eisenhower's progressive conservative. he believed largely in a balanced budget and he was against deficit spending but he also believed the government had a positive role to play. the interstate highway system, which eisenhower -- which was eisenhower's brainchild. [applause] more money was spent on the intraday -- interstate highway system than the new deal from 1839 to 18 to 41 with zero impact on the budget because it was paid for through gasoline taxes. [applause] thethe st. lawrence seaway connecting the great lakes, opening the great lakes to traffic again had been on the drawing board since the administration of theodore roosevelt and eisenhower -- eisenhower took, assumed the presidency in a time of mccarthyism and incredible communist witchhunt. he did it as he did so many things in the background. it was eisenhower orchestrated the army's response in the army mccarthy hearings. i'm not going to get into a contest but that stunk. and when it was over mccarthy had him vanquished but i think it was the desegregation issue perhaps in which eisenhower most often underestimated. presi
national deficit has grown through $16 trillion. the president said he was gone to cut that in half, but it doubled under his watch. very disturbing is that when the president came into office there were 32 million americans on food stamps. today its 47 million. there is still an incredible number of ohioans and americans out there struggling. the choice is clear. we can have four more years like the last of zero four. what america needs is a real recovery. only romney and ryan can provide that. host: when the president took office we were losing 800,000 jobs a month. since the president took office, we have 5.5 million additional jobs. truck about the automobile recovering, he saved the automobile industry and 1/88 jobs in the state are reflective of the auto industry. i worked the railroad 41 years. the guys and women working there, they're happy, jumping up and down because they have employment. one out of eight jobs are connected to the auto industry. not only that, the government at the time, strickland, and the president came to and youngstown, my area, and it one of the last
last year doubled their taxes this year, we would still have a $300 billion deficit. you see, there aren't enough rich people and small businesses to tax to pay for all their spending. and so the next time you hear them say, don't worry about it, we'll get a few wealthy people to pay their fair share, watch out, middle class, the tax bill is coming to you. that's why we're saying we need punishment tax reform. let's look at it this way. 8 out of 10 businesses, they file their taxes as individuals, not corporations. where i come from overseas, which is lake superior, the canadians, they drop their tax rates to 15%. the average tax rate on businesses in the industrialized world is 25% and the president wants the effective top tax rate to go above 40%. 2/3 of our jobs come from small businesses. this one tax would actually fax about 53% of small business income. it's expected to cost us 710,000 jobs. and it doesn't even pay for 10% of the proposed deficit spending increases. we're saying close loopholes primarily to the higher income people. we have three bottom lines. don't rai
. if five. plan. get the energy in ag -- get american energy independent. get this deficit and debt under control to prevent a debt pricecrisis. make things in america and sell them overseas. do not raise taxes on small businesses because they are our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him but let me tell you about the mitt romney i know. this is a guy who was talking to a family in massachusetts the other day, sheryl and mark nixon. their kids were hit in a car crash, two of them were paralyzed. romney's did not know them. it went to the same church, they did not know them before. he brought his boys and wife and gifts. he said i know you are struggling. i will pay for college. the nixons told me the story. when he told me the story, he said he gave time. he gave 30% to charity. mitt romney is a good man. he cares about 100% of americans in this country. with respect to that quote, the vice-president knows that sometimes you're words do not come out of your mouth the right way. [laughter] >> but i always say what i mean. >> i want to get
would call these gimmicks, the full ten year cost of this bill has of $460 billion deficit. the second has a one half trillion dollar deficit. probably the most cynical gimmick in this bill is something that we all probably agree on. we don't think we should cut doctors' 21% next year. we stop those cuts from occurring every year for the last seven years. we all call this the toxics. well, according to your numbers it cost her her $71 billion. it was in the first iteration of all these bills. because it was a big price tag and made the score look bad, may look like a deficit, that provision was taken out and has been going on in stand-alone legislation. ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. and so when you take a look of this is just as not add up. let's finish with the cost curve. we bending the cost curve down or up? well, if you look at your own chief actuary of medicare revenue up. he is time we are going up $222 billion, adding more to the unsustainable fiscal situation we have. and so when you take a look
years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighting efforts led by the then-senior virginia senator. when someone who will fight and that is what i will do is your next to none state senator. >> if mr. allen, your opening statement. >> thank you. it's much better future than what we are having to endure these days. that is why i put forward a detailed plan. my blueprint for america to get an economy and stronger jobs. the question is which one of us can be accounted upon. you may have read an article that was comparing our two governorships. the call me when the most accomplished modern governors with major improvements in public education, safety, welfare reform, and i described how worked with leaders in the other party to get results for the people. the bad economy
spending cuts and we need to be talking about increasing revenues. it takes both to close the deficit. we both submitted our economic proposals to the boston globe. they were sent out four independent economic analysis. what the independent economists found is that i was 67% more effective at cutting the deficit then senator brown. why? because i am willing to make cuts. i am willing to make substantial cuts. i support substantial cuts. i also believe we have to raise revenues. that is what it will take to get serious about our deficit. i truly believe on this one, this is about our children and grandchildren. we cannot leave it to our grandchildren to pay off our debts. >> great question. we are in the $16 trillion national debt. we are in another trillion dollar deficit. you cannot keep borrowing to pay our bills. when we are talking about cutting military spending, we have party cut in half a trillion dollars. that affects many people in this room and people watching. i have been battling as a member of the arms services committee to try to find the resources to protect our men and wom
the skills they need to get jobs they want. get this deficit and debt under control to prevent a debt crise. make trade work for america so we can make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they're our job creators. he talks about detroit. mitt romney is a car guy. they keep misquoting him, but let me tell you about the mitt romney i know. this is a guy who i was talking to a family in northboro, massachusetts, the other day. sheryl and mark nixon. their kids were hit in a car crash, four of them, two of them, rob and reid, were paralyzed. the romneys didn't know them. they went to the same church. mitt asked if he could come over on christmas. he brought his boys, his wife, and gifts. later on he said, "i know you're struggling, mark. don't worry about their college. i'll pay for it." when mark told me this story, because you know what, mitt romney doesn't tell this story. the nixons told this story. when he told me this story. he said it wasn't the cash help. it's that he gave his time and he has consiste
to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? silverado! the most dependable, longest lasting, full-size pickups on the road. so, what do you think? [ engine revs ] i'll take it. [ male announcer ] it's chevy truck month. now during chevy truck month, get 0% apr financing for 60 months or trade up to get the 2012 chevy silverado all-star edition with a total value of $8,000. hurry in before they're all gone! >> i want to bring the conversation to the state of our economy, the number one issue here at home is jobs. the percentage of unemployed just fell 8% for the first time in 43 months. the obama administration had projected that it would fall below 6% now after the addition of close to a trillion dollars in stimulus money. will both of you level with the american people, can you get unemployment to under 6% and how >> i don't know how long it will take. we can and will get it under 6%. let's look at where we were when we came into office. the economy was in freefall. 9 milli
of this bill is a $460 billion deficit. the second cost has a $1.7 trillion deficit. the most cynical give a guy in this bill is something we probably all agree on -- we do not think we should cut doctors' 21% next year. we stopped those cuts from occurring every year the last seven years. according to your numbers, this costs $371 billion. it was in the first iteration of all these bills, but because it was a big price tag and made the score look bad, that provision was taken out, and it has been going on in stand-alone legislation. but ignoring these costs does not remove them from the backs of taxpayers. hiding spending does not reduce spending. when you take a look at all of this, it just does not add up. i will finish with the cost curve. are we bending the cost curve down or up? if you look in your own chief actuary at medicare, we are bending it up. he is claiming we are going up $221 billion, adding more to the fiscally unstable situation we have. when you look at this, it is really deeper than deficits or the budget gimmicks or the actuarial analysis. there really is a difference
both to close the deficit. we both submitted our economic proposals to the boston globe. they were sent out four independent economic analysis. found is that i was 67% more effective at cutting the deficit then senator brown. why? because i am willing to make cuts. i am willing to make substantial cuts. i support substantial cuts. i also believe we have to raise revenues. that is what it will take to get serious about our deficit. i truly believe on this one, this is about our children and grandchildren. we cannot leave it to our debts. >> that is time. mr. brown? >> great question. we are in the $16 trillion national debt. we are in another trillion dollar deficit. you cannot keep borrowing to pay our bills. when we are talking about cutting military spending, we have party cut in half a trillion dollars. that affects many people in this room and people watching. i have been battling as a member of the arms services committee to try to find the resources to protect our men and women who are serving. we have sequestration coming up. we are trying to work in a bipartisan effort to step b
for the economy. another important element is a private set her deficit. wow, another important reform has been to put into the constitution, a financial stability law, that means that the government is going to be more able to meet their objectives and to put a degree on the expand says and the deficit of the regional suspense, which is part of the issue because the expenditures from the central government, another part of the government in which you have tools in order to make them comply with your objectives. at the government has proper tools. and in the process of the fiscal situation as we see in this chart, we have a totally out-of-control deficits in the year 2009 with a deficit exceeding 11% of the gdp and now we are to reducing the step thursday of the very important issue and what the markets wonder if the capacity of the government to get to the 6.3%. there is a degree in the market and the capacity, but the government is confident that she can get this figure and i think it would be a very important message for the market. if it's able to comply with the objective of direction and
deficit and debt under control. make trade work for america to make more things in america and sell them overseas and champion small businesses. don't raise taxes on small businesses because they are the job creators. he talked about detroit. mitt romney's a car guy. they keep misquoting him. the mitt romney i know is a guy who i was talking to a family in massachusetts the other day, sheryl and mark nixson. their kids hit in a car crash, two of them parollized. mitt wanted to come over on christmas bringing his boys, his wife, and gifts. later on he said i know you're struggling, mark, don't worry about college. i'll pay for it. when mark told me the story because mitt doesn't tell the stories. when i was told the story, he said it was not the cash help, but that he gave his time and he has consistently. this is a map who gave 30% of the income to charity, more than the two of us combined. mitt romney's a good man and cares about 100% of americans in the country. with respect to that quote, i think the vice president very well knows that sometimes the words don't come out of your mouth
? >> i will -- the candidates how they will reconcile reducing the deficit, cut spending and still -- [inaudible] >> what are you doing to prevent trafficking and to stop it altogether? >> all day like event tomorrow on c-span2 to tell you about. the center for strategic and international studies looks at political transitions in north africa. this starts at 8:30 a.m. eastern. >> we are live at centre college in danville kentucky for the 2012 vice presidential debate between vice presidential bike and congressman paul ryan. the moderator, martha raddatz is almost ready to begin after giving the audience instructions to remain quiet during the debate. we are waiting for her to introduce the candidates announced the opening question. [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] [inaudible conversations] .. [inaudible conversations] [background sounds] [background sounds] [background sounds] [inaudible conversations] [background sounds] [inaudible conversations] [background sounds] [inaudible conversa
proven to represent the opposite of peace. the eu severs from an extensive democratic deficit with violations of human rights along increasing social inequality. that stigma from the norwegian peace council, tariq ali. >> amy, the norwegian peace council has criticized the peace prize in the past. in fact, alfred nobel specified the peace prize should only be given to those who are actively promoting the cause of peace. which the eu does not do, either in the middle east -- for instance, it has backed and supported everything the israelis have done as far as the occupation of palestine is concerned. it has tried to isolate the palestinian government in the past. it has carried on supporting nato -- it is part of it, and and the war in afghanistan. it is not popular even among many swedish and norwegian members of parliament. i was there many years ago when they give it to obama. about 10,000 people demonstrated against that because obama had just said he was good escalate the war in afghanistan and pakistan. so the peace committee itself now, the nobel prize committee, has bec
income individuals to avoid either raising the deficit or burdening the middle class. it's math. it is arithmetic. megyn: now, this professor at princeton, upon whom the obama campaign has based its charge since then, they are citing this professor, harry rosen, to say that romney's plan is going to pinch the middle class -- he has come out and said, i have never said that and i do not believe that. joining me now is lou dobbs, host of "lou dobbs tonight" and a syndicated radio host. it's not often that you see a princeton guide defending a candidate, but he is saying that i am not saying, this will not pinch the middle class. why is that? be. lou: based on a set of assumptions, it is a result of the tax reductions and the marginal tax rate, which would be 20% from top to bottom. megyn: romney is going to cut 20% for everyone? lou: the top 20% will go to 28. and he said, what are you talking about? they stripped away the tax policy center -- which is a left wing outfit. megyn: let's just keep on that, because this is the other thing -- the tax policy center says the middle class
for the deficit. maybe the republicans would spend less. check this out. this is what mitt romney is proposing for spending on the military. ta da! people say there's no real difference between the candidates? holy mackerel. when you're talking about the biggest pile of money in the whole world, the largest amount of discretionary money spent on anything by our government, boy howdy is there a difference here. but for a guy who wants to be thought of as cheap, as thrifty, for his campaign to be thought of as tough on spending, to be proposing that radical a spike in a pile of money that's already unimaginably enormous, to get us back to korean war levels of spending and then some, he must really have some big idea he's really committed to to justify that. to justify such a radical change in expense. he must, right? this must be something he he knows a lot about and cares a lot about. right? >> about our commitment to our military effort in terms of building a military that's prepared for the eventualities of a future that's hard to predict. back in 2008 during the presidential debates, there w
Search Results 0 to 49 of about 140 (some duplicates have been removed)

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